In order to bridge the financial gap in Nigeria’s education sector and fulfil its mission to make higher education more accessible and affordable for students nationwide, the Nigerian Education Loan Fund (NELFUND) has announced the of disbursement of ₦136,786,650.00 (one hundred thirty-six million, seven hundred eighty-six thousand, six hundred fifty Naira) to Joseph Sarwan Tarka University, Makurdi, Benue state, benefitting 2,222 students.
Speaking on the development, Wednesday in Abuja, to the Managing Director/CEO of NELFUND, Mr. Akintunde Sawyerr, said the financial support reflects the vision of President Bola Ahmed Tinubu and his Renewed Hope Agenda of fostering a more educated and empowered populace.
He said: “NELFUND is pleased to announce the disbursement of ₦136,786,650.00 (One hundred thirty-six million, seven hundred eighty-six thousand, six hundred fifty Naira) to Joseph Sarwan Tarka University, Makurdi, Benue State, benefitting 2,222 students.
“This significant financial support reflects the vision of President Bola Ahmed Tinubu, GCFR and his Renewed Hope Agenda of fostering a more educated and empowered populace.
“NELFUND, at the forefront of providing interest-free loans to deserving students, continues to deliver on its commitment to reducing barriers to higher education across Nigeria.
“The success of this initiative is attributed, in no small part, to the exceptional dedication of Senator Olanrewaju Tejuoso, Pro-Chancellor of Joseph Sarwan Tarka University.
“His unwavering support and commitment were instrumental in ensuring a seamless disbursement process, exemplifying a genuine commitment to the academic welfare of students.
“Education is the foundation of any thriving society, and we at NELFUND are proud to support institutions like Joseph Sarwan Tarka University in fostering the academic growth of our youth.
“We extend our deepest gratitude to Senator Tejuoso for his dedication and tireless efforts in ensuring this initiative reaches the students who need it most.
“As NELFUND continues to revolutionize access to higher education in Nigeria, this latest disbursement underscores its unwavering commitment to empowering Nigerian students. By investing in the education of today’s youth, NELFUND is building a stronger, more prosperous future for the nation.
“This milestone serves as a testament to the impact of collaborative efforts between government, institutions, and stakeholders in addressing the financial challenges facing Nigerian students.”